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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: bobby beara who wrote (55666)6/28/2000 10:06:00 PM
From: HairBall  Read Replies (1) | Respond to of 99985
 
bobby beara: And they so no one is ever bullish on this thread...<g> Some of us just call em as we see em...

Regards,
LG



To: bobby beara who wrote (55666)6/28/2000 10:19:00 PM
From: HairBall  Read Replies (1) | Respond to of 99985
 
bobby beara: Spin your beanie propeller on this chart...which way would you bet...up or down...<g>

My QChart CSCO 60-Minute Semi-log Chart
marketdirectionanalysis.homestead.com

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My QChart Trend Lines

My charts are screen captured at (1024 x 768) and are best viewed at that resolution.

Green lines are resistance trend lines or resistance horizontal price action areas.

Red lines are supportive trend lines or supportive horizontal price action areas.

Gray lines (SRLs) are either resistance trend lines, resistance price action areas, supportive trend lines or supportive price action areas that have been broken. They can now act as either support or resistance depending on price action.

Dark blue lines are formation lines.

Light blue lines are previous formations, but on occasion are used to depict longer-term formations as well.

Note: Some of the trend lines that appear on my charts may have been establish by one or more price action points not shown in the current view or snapshot.
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Regards,
LG



To: bobby beara who wrote (55666)6/28/2000 10:47:00 PM
From: Les H  Read Replies (1) | Respond to of 99985
 
MEDI was the first out of the gate to new highs in the BBH list. It's currently testing point of breakout from above. SEPR appears to be next breakout this week. AMGN is testing the trendline across tops before it may break out to new highs. The other two early leaders appear to be MLNM and QLTI closing on breakout to highs. BBH has the same four wave pattern HGSI now exhibits.


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